|
Week Ending Friday, October 7, 2006
Contents:
Message to the Senate Transmitting the Protocol Amending the Finland-United States Taxation Convention, September 29, 2006
To the Senate of the United States:
I transmit herewith, for Senate advice and consent to ratification, a Protocol Amending the Convention Between the Government of the United States of America and the Government of the Republic of Finland for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital, signed at Helsinki May 31, 2006 (the "Protocol"). Also transmitted for the information of the Senate is the report of the Department of State with respect to the Protocol.
The Protocol eliminates the withholding tax on certain cross-border dividend payments. Like a number of recent U.S. tax agreements, the proposed Protocol provides for the elimination of the withholding tax on dividends arising from certain direct investments and cross-border dividend payments to pension funds. The Protocol also eliminates the withholding tax on cross-border royalty payments. In addition, the Protocol modernizes the Convention to bring it into closer conformity with current U.S. tax-treaty policy, including strengthening the treaty’s provisions preventing so-called treaty shopping.
I recommend that the Senate give early and favorable consideration to the Protocol and give its advice and consent to ratification.
George W. Bush The White House, September 29, 2006.
Note: This message was released by the Office of the Press Secretary on October 2. An original was not available for verification of the content of this message.
Contents:
Chicago: George W. Bush, "Message to the Senate Transmitting the Protocol Amending the Finland-United States Taxation Convention, September 29, 2006," Week Ending Friday, October 7, 2006 in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, October 7, 2006 (Washington, D.C.: U.S. Government Printing Office, 2006), 42:1709 Original Sources, accessed September 17, 2024, http://www.originalsources.com/Document.aspx?DocID=8G39G12LQ8UPZE3.
MLA: Bush, George W. "Message to the Senate Transmitting the Protocol Amending the Finland-United States Taxation Convention, September 29, 2006." Week Ending Friday, October 7, 2006, in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, October 7, 2006 (Washington, D.C.: U.S. Government Printing Office, 2006), 42:1709, Original Sources. 17 Sep. 2024. http://www.originalsources.com/Document.aspx?DocID=8G39G12LQ8UPZE3.
Harvard: Bush, GW, 'Message to the Senate Transmitting the Protocol Amending the Finland-United States Taxation Convention, September 29, 2006' in Week Ending Friday, October 7, 2006. cited in , United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, October 7, 2006 (Washington, D.C.: U.S. Government Printing Office, 2006), 42:1709. Original Sources, retrieved 17 September 2024, from http://www.originalsources.com/Document.aspx?DocID=8G39G12LQ8UPZE3.
|